Transocean postpones five jack-ups

Offshore drilling contractor Transocean announced on Tuesday a mutual agreement with Keppel Offshore & Marine’s shipyard, Keppel FELS, to defer the delivery and related payments of five high-specification jack-ups until 2020.

According to the drilling contractor, the Super B 400 Bigfoot Class jack-up drilling rigs are now scheduled to be delivered in two and three month intervals beginning in the first quarter of 2020.

Transocean awarded a contract to Keppel FELS to build five Super B Class jack-up rigs for $1.1 billion in November 2013, with options to build up to another five similar jack-up rigs.

These first five rigs were scheduled to be delivered progressively from 1Q 2016 to 3Q 2017.

In February 2015, Transocean and Keppel agreed to delay deliveries of five rigs, Transocean Cepheus, Transocean Cassiopeia, Transocean Centaurus, Transocean Cetus and Transocean Circinus, by approximately six months each, only to postpone the delivery once more in May 2015.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GeoConvention 2019

GeoConvention offers some of the best local and international insights to efficient energy exploration…

read more >

16th MOSCOW INTERNATIONAL OIL AND GAS EXHIBITION

The Moscow International Oil & Gas Exhibition display products like oil and gas products, oil and gas services…

read more >

Erbil International Oil & Gas Exhibition 2019

The event will be held at the Erbil International Fair Ground which is one of the largest energy related events in Iraq…

read more >

THE 24 th IRAN INTERNATIONAL OIL , GAS , REFINING & PETROCHEMICAL EXHIBITION

The second largest OPEC producer, Iran sits atop 11 percent of oil and 18 percent of gas…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply